Rafter Associates Financial Management Ltd

Rafter Associates Financial Management Ltd is a family run business which has been trading since 1981.

Letting market 'remains buoyant'

The lettings market has retained its buoyancy as rent continues to get higher, it has been discovered.

This is according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Lettings Survey.

It discovered that 26% more chartered surveyors reported a rise in demand for property rather than a fall, which is the second consecutive quarter these results have occurred.

James Scott-Lee, a spokesman for the organisation, observed that tenant demand has continued to rise.

He added that there could be an increase in demand in the lettings market in the next quarter, as more are opting to lease out their properties instead of selling them.

David Salusbury, chairman of the National Landlords Association, welcomed the findings of the RICS survey.

He added that the figures highlight the importance of private landlords in the sector.

However, the specialist cautioned that the news is not all positive, as a number of individuals are still suffering from rent arrears.